Ethics in Finance, 2nd Edition

Ethics in Finance, 2nd Edition

Description

This second edition of the ground-breaking Ethics in Finance, is an up-to-date, valuable addition to the emerging field of finance ethics. Citing examples of the scandals that have shaken public confidence in the ethics of Wall Street, this text explains the importance of ethics the operation of financial institutions and in the personal conduct of finance professionals.

Now includes discussion of issues in mutual funds and financial engineering, the independence of analysts at investment banks, and the bank’s responsibility for the conduct of its clients

Features a new chapter on conflicts of interest in financial services, expanded treatment of ethical issues in IPOs, and a new discussion about the discarding of pension funds

Cites examples of the scandals that have shaken public confidence in Wall Street

About the Author

John R. Boatright is the Raymond C. Baumhart, S. J., Professor of Business Ethics and Professor of Management in the School of Business Administration at Loyola University Chicago. He is author of the textbook Ethics and The Conduct of Business, and editor of a casebook Cases in Ethics and the Conduct of Business. Boatright is a former president of the Society for Business Ethics, and he serves on the editorial boards of Journal of Business Ethics, Business Ethics Quarterly, and Business and Society Review. A graduate of the College of Wooster, he received his MA and PhD in Philosophy from the University of Chicago.

Now includes discussion of issues in mutual funds and financial engineering, the independence of analysts at investment banks, and the bank’s responsibility for the conduct of its clients

Features a new chapter on conflicts of interest in financial services, expanded treatment of ethical issues in IPOs, and a new discussion about the discarding of pension funds

“In this new edition Boatright provides broad coverage of the topic, encompassing financial markets, the financial service industry, and investment decisions made by corporate personnel and individuals. Boatright clearly explains the ethical issues but does not take a position, since it is the individual's obligation to make the ethical choice. A volume for all readers concerned with financial decision making. Extensive notes and index. Highly recommended.” (Choice Reviews, December 2008)